$1,270,000
$30K PRICE DROP

2976 N Scatterfield Rd Anderson, IN 46012

Estimated payment $8,436/month

Total Views 11,270
4 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Multi Use commercial/residential building. 100% leased, great cash flow! Three commercial units with multi-year leases w/ extension options. Seven residential apartments. Many recent updates including new HVAC, Parking lot repairs, indoor and outdoor lighting converted to LED for energy efficiency, exterior painting, roofing, sewer line repairs, and a vast amount of interior remodeling for residences. Well-maintained and operated by current owner.

Listing Agent

Barry Hines

Realty Wealth Advisors Brokerage Email: barry@rwaproperties.com License #RB14046108 Listed on: 06/11/2024

Co-Listing Agent

Jamie Richardson

Realty Wealth Advisors Brokerage Email: barry@rwaproperties.com License #RB14029798

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,024

Year Built

  • Built in 1975 | Remodeled

Home Design

  • Quadruplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Schools

  • Highland Middle School
  • Anderson Intermediate School

Additional Features

  • 2-Story Property
  • 1 Acre Lot

Community Details

  • Vermillion Heights Subdivision

Listing and Financial Details

  • Tax Lot 023
  • Assessor Parcel Number 480731200069000029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,024

Year Built

Built in 1975 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1975
  • Lot Size Acres: 1
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: Vermillion Heights
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 127000
  • MBR_AttributionContact: barry@rwaproperties.com
  • Attribution Contact: barry@rwaproperties.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Levels: Two
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Owner Pays: All Utilities, Cable TV, Electricity, Insurance, Lawncare, Sewer, Trash Collection, Water

Exterior Features

  • Roof: Membrane
  • Exterior Features: Lighting
  • List Price: 1270000
  • Property Condition: Updated/Remodeled
  • Road Access: Access Rd,Frontage Road

Garage/Parking

  • Carport Spaces: 1
  • Unit Parking: Parking Lot

Utilities

  • Solid Waste: No

Fee Information

  • Expenses: 5219

Schools

  • Middle Or Junior School: Highland Middle School
  • MBR_IntermediateSchool: Anderson Intermediate School

Lot Info

  • Property Attached Yn: No
  • Current Use: Apt<20, Multi-Family, Medical/Dental
  • Lot Size Sq Ft: 43560
  • Parcel Number: 480731200069000029
  • Acres: 1-3 Acres
  • Price Acre: 1270000

Green Features

  • Green Certification Y N: No

Multi Family

  • Net Operating Income: 8455
  • Gross Income: 13675
  • Insurance Expense: 270
  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 20024
  • Tax Lot: 023
  • Semi Annual Property Tax Amt: 10012

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $18,034 $707,500 $50,000 $657,500
2023 $20,024 $687,800 $50,000 $637,800
2022 $19,629 $687,800 $50,000 $637,800
2021 $20,123 $632,700 $50,000 $582,700
2020 $15,955 $630,900 $50,000 $580,900
2019 $16,059 $613,900 $50,000 $563,900
2018 $16,452 $613,900 $50,000 $563,900
2017 $13,801 $602,300 $50,000 $552,300
2016 $13,722 $602,300 $50,000 $552,300
2014 $12,881 $603,700 $50,000 $553,700
2013 $12,881 $603,700 $50,000 $553,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 For Sale $1,270,000 0.0% --
04/15/2025 04/15/25 Off Market $1,270,000 -- --
04/01/2025 04/01/25 Pending -- -- --
02/14/2025 02/14/25 For Sale $1,270,000 0.0% --
02/05/2025 02/05/25 Pending -- -- --
01/14/2025 01/14/25 For Sale $1,270,000 0.0% --
12/11/2024 12/11/24 Off Market $1,270,000 -- --
07/30/2024 07/30/24 Price Changed $1,270,000 -2.3% --
06/11/2024 06/11/24 For Sale $1,300,000 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Security Title
Warranty Deed -- None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $25,000 Credit Line Revolving
Open $805,000 New Conventional
Previous Owner $620,700 New Conventional
Previous Owner $99,300 New Conventional
Previous Owner $250,000 Commercial
Previous Owner $500,000 Commercial
Previous Owner $826,402 Commercial
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21984509

MIBOR Broker Listing Cooperative®

APN: 48-07-31-200-069.000-029